PM to address business concerns this month; Hai Duong attracts biggest FDI project nationwide; Mekong Delta agriculture production plan approved; Q1 budget revenue: positive signs for rest of year

The Electricity of Vietnam Group (EVN) won’t reduce the retail electricity price, though it is allowed to do that: the lowest level in the price frame approved by the government is 4.7 percent lower than the current price.

VietNamNet Bridge – In order to obtain the room at supermarkets to display products, manufacturers have to follow complicated procedures and pay different kinds of fees.

 The Ministry of Industry and Trade, and Electricity of Vietnam (EVN) have warned of severe shortage of power during the next dry season as existing hydropower plants are now old and new ones have still not been constructed.

 VASEP rejects new shrimp tariffs; Wood processing sector still lacking in support industry; Banks forecast modest profits; Demand for Government bonds rises

 VietNamNet Bridge – Every time when the Electricity of Vietnam (EVN) plans to raise the retail electricity price, the war between the power generator and steel mills escalates.

The State Capital Investment Corporation (SCIC) has reported an impressive business result for 2012. However, experts still can see big problems of the state’s super-power.

Equipment imports of FDI firms surge; Exploring prospects in home-for-rent segment; Non-oil tax revenues run short of target; Banks call for room to fund giant projects; FDI engine needs a big overhaul; FIEs lead way on capital use

Property firms hit the wall; Push into S Korea needs support; Amata Vietnam joins Thai bourse; Southern agricultural producers get new VietGap certificate; Preferential tariffs – a boon for exporters; EVN forced to buy power from China

Cashew growers face uncertain future; Growth in services sector outstrips GDP; Official calls on Vinacomin to sell down coal stockpiles; Vietnam to put coins back into circulation; Nation urged to make IT a spearhead industry

VietNamNet Bridge – Experts have found out a lot of problems in the power development program No. 7. The one designed for the socio-economic period from now to 2020.